Settings8H · net · $10k
Funding arb · Price arb /

AERO

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bitget+0.024%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.681% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.024%, 7d avg +0.003%
Together, before fees−0.050%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.020% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.003%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget AEROUSDT0.69070.0100pay 0.0050% / 4h2h 53m$4.1M$2.0M75x
ShortExtended AERO-USD0.69090.0104get 0.0013% / 1h53m 57s$219K$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0.84
Price spread: +0.024% → +0.003%
$2.02
Slippage, 4 orders
−$51.06
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$65.2
Costs to cover
0.681%
Break-even
550.3 days
Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago2.89 bp17.6 bp −$1858.9 bp −$589doesn't fitdoesn't fit
Sell Extended live order book, 5 min ago2.45 bp15.3 bp −$15127.8 bp −$1,278doesn't fitdoesn't fit

AERO on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective AERO/USDC PERP+0.0033%1h0.6902−0.072%$4$209K5.5xas long as short
Deribit AERO_USDC-PERPETUAL+0.0040%1h0.6900−0.101%$55K$11K10xas long as short
Hyperliquid AERO+0.0100%1h0.6912+0.074%$23.3M$4.9M3xas long as short
Aster AEROUSDT+0.0100%4h0.6899−0.122%$42K$113K10xas long as short
Binance AEROUSDT+0.0100%4h0.6910+0.043%$26.2M$26.0M75xas long as short
Bybit AEROUSDT+0.0100%4h0.6905−0.029%$22.4M$20.1M25xas long as short
OKX AERO-USDT-SWAP+0.0100%4h0.6908+0.014%$2.3M$6.7M20xas long as short
Gate AERO_USDT+0.0100%4h0.6894−0.188%$1.6M$487K75xas long as short
MEXC AERO_USDT+0.0100%4h0.6913+0.087%$8.2M$1.7M100xas long as short
KuCoin AEROUSDTM+0.0100%4h0.6901−0.087%$2.1M$935K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget AEROUSDTlong+0.0100%4h0.6907long leg$4.1M$2.0M75x
BingX AERO-USDT+0.0100%4h0.6901−0.087%$1.8Mas long as short
Variational Omni AERO+0.0100%4h0.6901−0.081%$2.0M$1.6Mas long as short
Extended AERO-USDshort+0.0104%1h0.6909+0.024%$219K$2.0M10x
Aevo AERO-PERP+0.0104%1h0.6899−0.116%$46K3xas long as short
Reya AERORUSDPERP+0.0228%1h0.6893−0.200%$19K$4K15xas long as short
01 Exchange AEROUSD+0.0336%1h0.6895−0.168%$187$1113xas long as short
BloFin AERO-USDT+0.0340%4h0.6887−0.290%$948K$684K25xas long as short
GMX AERO/USD [ETH-USDC]L +0.0506% / S −0.0237%1h0.6894−0.191%$90K100xas long as short
RISEx AERO/USDC+0.0660%1h0.6893−0.203%$207K$404K3xas long as short
Lighter AERO+0.0680%1h0.6921+0.207%$1.3M$471K3xas long as short
Backpack AERO_USDC_PERP+0.0953%1h0.6917+0.143%$135K$269K15xas long as short
Coinbase International AERO-PERP-INTX+0.3256%1h0.7368+6.674%$97K$38K25xas long as short